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Re: USA Predicted To Be World's Largest Oil Producer By 2020

And gas prices will still hover around $4.00.

Chuck Lidell: I paint my toenails with pink and black polish. Problem is, I get more paint on my toes and on the carpet than on my nails. Any advice?Maria Sharapova: Don't you beat up other guys for a living? I don't know how to answer this.

Re: USA Predicted To Be World's Largest Oil Producer By 2020

until the developments of hydrofracking techniques, the oil & gas from these tight shale formations could not be extracted by conventional means. we had to use others because we couldn't get to ours.

There was no economic incentive to develop and implement that technology when we were getting cheap oil from the Middle East. The story in your link is talking about economic forecasts going out almost a decade. A decade ago the cost of gas in the U.S. was a buck and a half (inflation adjusted).

Re: USA Predicted To Be World's Largest Oil Producer By 2020

Enegry independence seems to be on the horizon. I think we need to continue to look for viable renewable energry sources to continue to reduce our enviornmental footprint on the Earth. With the increasing population things could get hairy in the future.

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